Scribona´s subsidiary, EETI, has purchase three rated RMBS/ABS bonds

Scribona´s subsidiary, EETI, has purchase three rated RMBS/ABS bonds

Scribona is pleased to announce that over the past weeks, EETI has re-invested
part of its cash flow in the purchase of three rated RMBS/ABS bonds for a total
consideration of € 700k. The average discount to the face value of the bonds was
about two-thirds and the expected undiscounted cash flow of these investments is
well in excess of 3x the invested amount. These bonds are expected to mature
within four to six years. The investments benefit from a very attractive
risk/reward profile, backed by substantial data on the issuers and the
securities. The bonds are performing and paying contractual coupons.

The investments include Portuguese securitisations of prime residential
mortgages and Spanish ABS, backed by a diversified pool of loans to SMEs and
benefiting from commercial and residential mortgages with low average LTV.

Capitalising on the continuing dislocation of the European securitisation market
as well as on the experience of EETI, Scribona intends to continue to
selectively re-invest part of the free cash flow of the portfolio in RMBS/ABS
opportunities, as they arise.


For additional information contact:
Lorenzo Garcia, CEO of Scribona, phone +46-(0)737 08 38 88

Visit also: www.scribona.com

Scribona is listed on the First North market place. Mangold Fondkommission AB,
08-503 015 50, is the company´s Certified Adviser on First North.